Property

Ayala Malls is deepening its presence in the Visayas with the launch of Ayala Malls Gatewalk in Mandaue City, a major retail and lifestyle development that will host the first IKEA store in Cebu and the wider Visayas region.

Italpinas Development Corp. (IDC) is accelerating its Luzon expansion after its flagship Batangas project, Miramonti Green Residences, neared a sellout just weeks after its formal launch, validating the developer’s strategy of investing early in fast-rising provincial growth centers.

The Department of Human Settlements and Urban Development (DHSUD) has ordered a moratorium on housing loan payments and mobilized emergency shelter assistance in areas devastated by the magnitude 7.8 earthquake that struck Mindanao, as the government intensifies relief efforts for affected families.

A new P630-million industrial park in Pampanga is set to bolster Central Luzon’s rise as a manufacturing and logistics powerhouse, with developer Fortunetown Properties Corp. preparing to open a 24-hectare facility in Mexico, Pampanga this month.

The Board of Investments (BOI) has greenlit two mass housing projects in Nueva Ecija valued at a combined P1.35 billion, signaling a boost in affordable homeownership and local economic activity.